I thought the same thing about the cash being left to meet liabilities - but reading the ann it said cash and other non cash net assets, by saying net assets it made it sound like other assets covered liabilities.
Maybe these other assets are largely intangibles in which case you are right - they are just left with liabilities in other than the cash...
$30k per advisor sounds about right and agree it's a good step in the right direction, volume always helps.
News: CUP Countplus Finalises Terms For Acquisition Of Affinia Financial Advisers, page-5
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Last
93.0¢ |
Change
0.008(0.81%) |
Mkt cap ! $157.4M | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 93.0¢ | 92.5¢ | $23.88K | 25.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7500 | 90.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 12460 | 1 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| CUP (ASX) Chart |